Southwest Airlines (LUV) Reports October 2009 Traffic Results; Passenger Revs per ASM Increased

November 5, 2009 10:32 AM EST

Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 6.3 billion revenue passenger miles (RPMs) in October 2009, a 1.9 percent increase from the 6.2 billion RPMs flown in October 2008. Available seat miles (ASMs) decreased 9.4 percent to 8.0 billion from the October 2008 level of 8.8 billion. The load factor for the month was 79.2 percent, compared to 70.4 percent for the same period last year. For October 2009, passenger revenue per ASM is estimated to have increased in the one percent range as compared to October 2008.

For the ten months ended October 31, 2009, Southwest flew 62.6 billion RPMs, compared to 62.4 billion RPMs for the same period in 2008, an increase of 0.3 percent. Available seat miles decreased 4.8 percent to 82.5 billion from the 2008 level of 86.6 billion. The year-to-date load factor was 75.9 percent, compared to 72.1 percent for the same period last year.

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